IT stocks had their worst first half fall in decades, with the Nifty IT index declining 31% in the January-June 2026 period, its biggest decline in the first six months of a calendar year since 2003.
The Monsoon session of Parliament is expected to begin on July 20 and last for three weeks. Key political developments, including recent election victories and party rebellions, are set to influence the session, alongside the government's redrafting of a significant Constitution amendment bill concerning women's reservation and Lok Sabha seats.
US Secretary of War Pete Hegseth praised India's military modernisation efforts at the Shangri-La Dialogue in Singapore, highlighting its growing industrial and logistics capacity.
Prime Minister Narendra Modi addresses the Rajya Sabha, detailing India's strategies to navigate the global energy crisis sparked by the West Asia conflict, including securing diverse energy sources and expanding strategic oil reserves.
The report notes that equities had faced pressure from elevated valuation premiums, subdued nominal gross domestic product (GDP) and earnings growth, sustained foreign portfolio investor (FPI) selling, artificial intelligence (AI) infrastructure euphoria, and external shocks including US tariffs and a spike in crude oil prices due to geopolitical tensions in West Asia. However, several of these factors are now reversing.
Tamil Nadu, West Bengal, Assam, and Maharashtra secured their spots in the boys' team event semifinals at the UTT Inter-State Junior and Youth National Table Tennis Championships.
Indian stock markets experienced a significant sell-off, with the Sensex tumbling over 1,300 points, driven by escalating crude oil prices due to US-Iran tensions and Prime Minister Narendra Modi's call for austerity measures, which amplified investor concerns about India's economic outlook.
India's crude oil imports from Russia reached a record high of approximately 2.73 million barrels per day (mbpd) in June, driven by discounts of $2-5 a barrel. This surge comes as the West Asia crisis disrupted supplies from traditional sources and China reduced its own purchases, leading Russia to offer more favourable terms to India.
The third season of the Delhi Premier League (DPL) has been announced, scheduled from July 31 to August 30, with the player auction on July 1. The league will feature prominent male and female cricketers, including India internationals, and aims to highlight Delhi's cricketing talent.
The Cabinet Committee on Security (CCS) has reviewed the evolving situation in West Asia, directing departments to assist Indian nationals affected by recent developments and emphasizing the need for dialogue and diplomacy.
US President Donald Trump lauded Prime Minister Narendra Modi as a "very tough negotiator" and hinted at a future visit to India during their meeting on the sidelines of the G7 Summit, where they discussed trade, defence, and the West Asia crisis.
This is not just a historic series sweep for Ireland, but for world cricket itself. To beat India, which hasn't been beaten in 16 series over three years, is truly remarkable.
Airfares to Southeast Asia have surged 25 to 30 per cent, driven by high demand and limited airline seat capacity.
Uncertainties stemming from the West Asia crisis and its potential impact on inflation and economic growth were key factors in the Reserve Bank of India's Monetary Policy Committee (MPC) decision to maintain the status quo on interest rates, according to the recently released MPC meeting minutes.
The TMC has intensified its attack on the BJP, alleging a 'larger conspiracy' involving central agencies ahead of the second phase of West Bengal polls on April 29, while also questioning the credibility of the Election Commission.
A potential US-Iran peace deal, expected to be signed on June 19, is anticipated to ease geopolitical stress and benefit various sectors, particularly in India, with analysts suggesting investors await finer details before making significant moves.
Indian equity benchmark indices experienced a significant drop in early trade, with the BSE Sensex falling over 525 points and the NSE Nifty down more than 164 points, primarily due to rising crude oil prices and ongoing uncertainty surrounding the US-Iran conflict.
Indian refiners are recalibrating their crude sourcing strategy due to supply disruptions in West Asia, leading to Venezuela and Brazil emerging as top five suppliers in April, replacing traditional sources like Iraq and the United States.
Beijing clearly intends to extend the China-Myanmar Economic Corridor to Bangladesh as part of its larger Maritime Belt and Road Initiative to boost its Indian Ocean presence.
Several incidents of post-poll violence have been reported across West Bengal, with tension escalating in various districts following the recent assembly elections. Clashes between political party supporters have led to injuries, arrests, and heightened security measures.
The monthly average rainfall over India is expected to be below normal during July, the India Meteorological Department said on Tuesday in its monthly forecast.
The boundary mess between India and Nepal needs a solution in a manner as mentioned by Nepal's Foreign Minister Shishir Khanal: 'On evidence not emotions', counsels Lieutenant General Shakti Gurung (retd).
Overseas travel spending by Indians, including holiday trips, decreased by $212.43 million to $1.09 billion in March compared to February, according to the Reserve Bank of India's latest data.
West Bengal defeated Tamil Nadu 3-1 in the Under-19 girls' team final at the 87th UTT Inter-State Junior and Youth National Table Tennis Championships.
The BJP's West Bengal unit chief, Samik Bhattacharya, has criticised the Trinamool Congress (TMC) government, accusing it of crushing democracy and creating a lawless environment in the state. He highlighted political violence, rising debt, and a lack of investor confidence as key issues under the TMC's rule.
Former India captain Diana Edulji believes the Indian women's cricket team faces a significant challenge to qualify for the Women's T20 World Cup semifinals after their recent loss to South Africa. She highlighted the team's need to win their remaining matches against Bangladesh and Australia and discussed the team's T20 playing style.
Noel Tata, a veteran of the Tata group, announced his decision to step down as the chairman of Voltas, following a similar move at Trent, citing the development of a new generation of leaders within the company.
A Calcutta High Court judge, Gaurang Kant, disclosed that his elder brother is a national spokesperson for the BJP while hearing Mamata Banerjee's petition challenging the Bhabanipur assembly seat poll result. Despite the disclosure, Banerjee's lawyer expressed full confidence in the judge.
Kolkata Police's Special Task Force seized a cache of arms and ammunition near Rajabazar Science College and detained a man days before the two-phase polling in West Bengal.
'Travellers are considering safer and more stable destinations.'
Most members of the Reserve Bank of India's Monetary Policy Committee (MPC) expressed concerns about inflation becoming generalised and highlighted uncertainties surrounding both inflation and growth prospects due to the West Asia conflict, according to the recently released minutes.
'Why not aspire for 8 or 9 or even 10 per cent?'
Despite initial pressure from the West Asia conflict, analysts are optimistic about the Indian hospital sector's outlook, citing strong demand drivers and ongoing expansion plans that are expected to fuel significant revenue growth over the next few years.
Despite geopolitical tensions and FII outflows, Indian small and midcap stocks have not only recovered losses but are also outperforming largecap indices, driven by attractive valuations, domestic institutional support, and a rebound in earnings.
Rebel Trinamool Congress MP Kakoli Ghosh Dastidar's son Baidyanath Ghosh Dastidar has sent a legal notice to former West Bengal chief minister Mamata Banerjee and several TMC leaders, including Mahua Moitra, Kalyan Banerjee, Sougata Roy and Sonali Guha, denying allegations that he had sought a party ticket from the Barasat Assembly Constituency.
Iranian Foreign Minister Seyed Abbas Araghchi spoke with Indian counterpart S Jaishankar to discuss the West Asia crisis, following discussions with Russian President Vladimir Putin.
Indian benchmark indices Sensex and Nifty surged significantly in early trade, mirroring a global rally and a sharp decline in crude oil prices following the finalisation of a peace deal between the US and Iran to end their 107-day conflict and reopen the Strait of Hormuz.
India's Central government is likely to see its fertiliser subsidy bill double to a record 3.4 trillion in FY27, up from the Budget estimate of 1.7 trillion, due to surging global fertiliser prices exacerbated by the West Asia war. This significant increase, coupled with revenue losses from excise duty cuts for oil-marketing companies, is straining the government's fiscal space, though capital expenditure plans remain unchanged.
Sonia Gandhi criticised PM Modi's Israel visit, calling it a "bewildering strategic decision" amid the regional conflict.
The US Department of Defence has restored the name of the US Indo-Pacific Command to the US Pacific Command, reversing an eight-year-old decision. This change honours the command's deep historical roots, established in 1947, while its vast area of responsibility, extending to India's western border, and its mission remain unchanged.
